During a recent Senate session, Senator Elizabeth Warren condemned the GENIUS Act, claiming it could trigger a financial meltdown due to crypto instability. She emphasized that the bill would empower Trump’s control over the crypto market and jeopardize national security.
The GENIUS Act advanced in a procedural vote of 66-32, allowing it to proceed for further voting in the Senate. Warren’s warnings signify potential risks related to financial stability and consumer protection as the bill moves forward.
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